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this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in added revenue over a ten-year period. we are spending over a trillion dollars in debt every year and not putting anything into it. the republicans have been down the road before where they have been promised three for one, and it never happens. i think they are beginning to realize until it's actually on the table and signed off on by all sides they aren't going to buy into it. >> senator, did the president in this offer with so little in spending cuts and tax reform, the debt limit, did he overplay his hand or is he being rea
this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in...
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Dec 2, 2012
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you know we have seven weeks between election day and the end of the year. three of those weeks have been wasted with this nonsense. >> reporter: here is what has the speaker flabbergasted. the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good set of proposals. we think it's good for the economy. if they have different suggestions they want to go further in some areas, then they should lay odds with us. >> reporter: secretary geithner said he cannot promise we will not go over the fiscal cliff and whether or not we go over it depends -- is a decision, rather, that lay in the hands of republicans that don't want to increase tax ra
you know we have seven weeks between election day and the end of the year. three of those weeks have been wasted with this nonsense. >> reporter: here is what has the speaker flabbergasted. the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and...
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. >> is it fair to go to republicans, many of whom were re-elected just like the president was re-elected in their own districts and say, look, we're going to get specific when it comes to the tax increases we want, but we'll be vague when it comes to stuff that's hard for our side, which is medicare. >> that's a misperception. we propossessed $600 billion in savings. people can take a careful look at them. what we haven't seen from the republicans is a plan to raise rates and revenues. they said they are prepared to raise revenues. but they haven't said how, how much, or who should pay, and haven't proposed what they need on the spending side. we can't figure out what they need. they have to tell us. and then we have to look at it and see if it makes sense for the american people. >> when you look at the economy overall, growth at 2.7% last quarter. how does the economy get out of this slump? what is our economy doing well right now? what are we not doing as well as a country to deal with our economy? >> good question. the economy now is actually looking quite resilient. if you look at w
. >> is it fair to go to republicans, many of whom were re-elected just like the president was re-elected in their own districts and say, look, we're going to get specific when it comes to the tax increases we want, but we'll be vague when it comes to stuff that's hard for our side, which is medicare. >> that's a misperception. we propossessed $600 billion in savings. people can take a careful look at them. what we haven't seen from the republicans is a plan to raise rates and...
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Dec 3, 2012
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this is a status quo election. the president had a great re-election. house republicans own the house and democrats the senate and they have to sit down and do negotiating and it isn't boehner versus geithner, it is basically can the house republicans buy a plan that basically they can sell to 218 members. and can the senate go along with that and if so will the president sign it and until they sit in a room and discuss all of those elements of it at this point in time you get people talking at each other with a lot of absurdity and the most absurd part, talking about $85 billion a year, in added revenue over a ten-year period. and we are spending over a trillion dollars in debt over year, and not even putting anything into it and republicans have been down the road before and they were promised 3-for-1, for every dollar in taxes, three cuts, it never happens and they are realizing, it is actually on the table, signed off on by all sides, they will not buy into it. >> chris: senator, did the president in the offer with so little in spending cuts and tax
this is a status quo election. the president had a great re-election. house republicans own the house and democrats the senate and they have to sit down and do negotiating and it isn't boehner versus geithner, it is basically can the house republicans buy a plan that basically they can sell to 218 members. and can the senate go along with that and if so will the president sign it and until they sit in a room and discuss all of those elements of it at this point in time you get people talking at...
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Dec 5, 2012
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the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are probably going to go up. does that hurt the market as well? >> we've seen a lot of companies sell themselves. it's been a problem in the banking industry because loans have been paid off. they want to grow loans. people are taking control and repaying their loans. i think it's already been anticipated. >> you've had a hot hand trading this market lately. what are you doing, especially bearing in mind we have a jobs number on friday. >> i'm a little concerned on the adp numbers. this is generally the weakest of the year. that's probably baked in a little bit. i think w
the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are...
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Dec 2, 2012
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he won the election. and he told the american people we were going to raise the rates on the top income earners. now that is what he is trying to do. i think there is some give here. i don't think it has to go up to 39.6. right now it's 35. maybe it goes up a point or two. listen, republicans need time to sort through all of this. there will be a short-term agreement. there will be a down payment with some increased taxes. some increased budget cuts. then there will be a framework for next year. i think they will reach a deal next year. i don't think it's easy. but listen, this is all what politics is about. no one gets everything. you have a negotiation. that is what is going on now. negotiation. >> eric: when you say you think there are increaseded taxes or like increased revenues instead of the increased taxes like republicans want? >> here is what is at stake. economy is on the brink potentially of going to recession. that will have the worst impact on the deficit that anything will. we got to make su
he won the election. and he told the american people we were going to raise the rates on the top income earners. now that is what he is trying to do. i think there is some give here. i don't think it has to go up to 39.6. right now it's 35. maybe it goes up a point or two. listen, republicans need time to sort through all of this. there will be a short-term agreement. there will be a down payment with some increased taxes. some increased budget cuts. then there will be a framework for next...
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the president just won this historic re-election, how can he walk back now after he won re-election from this position? >> you know, i think that he's got the wind at his back. the american people want him to stand up for these essential programs. now, look, american people do want to see cost containment. we can do that in ways that doesn't result in cuts to beneficiaries. >> we'll have to take a break. >>> right now, lot more roundtable ahead. what's ahead for susan rice? mitt romney's team takes on the critics and what really happened when the rivals had lunch. >>> both men acted graciously, after lunch, mitt romney extend a return invitation to the president to visit him and his money at the cayman island. >> it's a nice gesture for the president considering that he hasn't let joe biden have lunch with him even once. that he hasn't let joe biden have lunch with him even once. >>> as you heard, we have lots more to talk about with our roundtable right after this from our abc stations. >> but, the problem with controlling costs you can only do that to some degree. every single year we
the president just won this historic re-election, how can he walk back now after he won re-election from this position? >> you know, i think that he's got the wind at his back. the american people want him to stand up for these essential programs. now, look, american people do want to see cost containment. we can do that in ways that doesn't result in cuts to beneficiaries. >> we'll have to take a break. >>> right now, lot more roundtable ahead. what's ahead for susan rice?...
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i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to pay our debt until then, to manage to get by. in february when we're totally out of money and all the americans who filed for their tax returns wanting their money, they want their refund and we don't have any cash, we'll see how happy the american people are. >> the american people are right to be very concerned. >> engaged. >> maybe good at campaigning, but he's not very good at leading. >> thank you, senator. >>> coming up, there's very disturbing news tonight out of egypt. we'll have the latest and ambassador john bolton is here. they say no good deed goes unpunished. one worker learn
i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to...
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Dec 6, 2012
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a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00 a.m. pacific joined by ben white, joan walsh, ben smith and msnbc's very own chris heys. until then, follow us on twitter -- wow, having a hard time with the teleprompter. "andrea mitchell reports" next. chris cillizza is filling in for her. good afternoon, mr. cillizza. >> i don't know what those words mean but assume they're compliments. >> $5 compliments. >> i'll take them. >> coming up next on "andrea mitchell reports," jim demint is out. the tea party leader announces his departure from congress. what does it mean for the senate and the future of the republican party? chuck todd, gop senator leader john barrasso and more. congressman john larson on what role h
a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00 a.m. pacific joined by ben white, joan walsh, ben smith and msnbc's very own chris heys. until then, follow us on twitter -- wow,...
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the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall street hasn't displayed more of an impact from this fiscal cliff nonsense? >> thomas, what wall street hates most of all is uncertainty and it's counterintuitive, there's actually plenty of certainty now. what's going to be certain is taxes are going up. either we go off the cliff or the curb and then taxes rise for everybody and then maybe they get repealed for the middle class and others or we reach a deal and taxes go up for the wealthiest 2% and everybody else breathes a sigh of relief. there's some $2 trillion in cash sitting on the balance sheets of corporate americ
the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall...
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but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power playç of all in obama care cam at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended medicare by nearly a decade. their plan ends medicare as we know it. >> on medicare, for current retirees, he's cutting is $716 billion from the program. i can't under
but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads...
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Dec 3, 2012
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in two years there's going to be a mid-term election. no politician on either side wants to stand in front of their constituents and say vote for me because i raised your taxes and didn't do anything in washington for two years. >> l.z. granderson, will cain, got to leave it there. thanks so much. >> you bet. >>> wherever she goes, kim kardashian sadly draws a crowd. but an overseas trip for the reality tv star involving a simple thing like milkshakes might be drawing more than just fans. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ]
in two years there's going to be a mid-term election. no politician on either side wants to stand in front of their constituents and say vote for me because i raised your taxes and didn't do anything in washington for two years. >> l.z. granderson, will cain, got to leave it there. thanks so much. >> you bet. >>> wherever she goes, kim kardashian sadly draws a crowd. but an overseas trip for the reality tv star involving a simple thing like milkshakes might be drawing more...
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Dec 9, 2012
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. >> reporter: speaker boehner's visit today with the president was only the second time since the election the two have meat face to face. pu publicly each have been waiting for the other to blinging m. >> to say they're go along with that and then we'll start negotiating on the other side. it makes no sense for us to negotiate against ourselves. >> reporter: as the cliff looms, one influential voice says enough is enough. >> that's like betting your country. that's something terribly bizarre and juvenile about that as to think your party comes ahead of your country. i don't go for that at all. >> reporter: now lester, aides do say the lines of community are open, but the president heads to the detroit tomorrow to continue on that campaign to get the republicans to cave on the tax breaks. >>> john harwood is cnbc's political correspondent, what where do they go from here? >> republicans ultimately are going to give ground on tax rates, raise them for some portion of wealthy americans, somewhere eastern a miaround a year. two strong bets are the increase in the medicare eligibility ages fro
. >> reporter: speaker boehner's visit today with the president was only the second time since the election the two have meat face to face. pu publicly each have been waiting for the other to blinging m. >> to say they're go along with that and then we'll start negotiating on the other side. it makes no sense for us to negotiate against ourselves. >> reporter: as the cliff looms, one influential voice says enough is enough. >> that's like betting your country. that's...
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is this another impact of the election? another consequence of the election? >> yeah, i'd love to know what his republican colleagues are saying behind closed doors. from my perch, you know, this is a guy who played a significant role in costing the gop about a half-dozen seats that they otherwise would have won. look at what happened in i understand. look at what happened in delaware where the mindset of senator demint seems to be one of, let's win the battle, even if we're going to lose the war. they've lost about a half-dozen wars because they put forth names that could win a primary but could never win a general election. my hunch, tamron, is politically some of the republicans are not all that sad to see him go. >> real quick to your point about the win/lose. he supported 20 candidates, 15 won primaries, 7 won general elections. in his reaction mitch mcconnell said that demint helped galvanize the american people against a big government agenda. that's at least what senator mcconnell sees there. >> yeah, right. the fact is his record was not good, and loo
is this another impact of the election? another consequence of the election? >> yeah, i'd love to know what his republican colleagues are saying behind closed doors. from my perch, you know, this is a guy who played a significant role in costing the gop about a half-dozen seats that they otherwise would have won. look at what happened in i understand. look at what happened in delaware where the mindset of senator demint seems to be one of, let's win the battle, even if we're going to lose...
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. >>> the word "election" was the number one search on yahoo! this year, but don't worry because kim kardashian was still the most searched person, just in case you were. >>> and president obama and former president clinton were part of a golfing foursome sunday but no cameras were allowed. these pictures are from when they played last year. it's believed to be the president's third time hitting the links since the election. >>> finally, birther tate tried to force occidental college to release president obama's student records. the judge said no, told her, quote, evidence is not stuff printed from the internet and ordered her to pay the college $4,000 for its trouble. >>> and that is your morning dish of "scrambled politics." >>> and now for a check on wall street this monday morning. the dow opens this week at 13,025 after gaining 3 points friday. the s&p was up a fraction. the nasdaq lost 1. overseas, the nikkei added 12, and the hang seng dropped 262. >>> investors and traders keep tabs on statement out of this week's fiscal cliff talks, the
. >>> the word "election" was the number one search on yahoo! this year, but don't worry because kim kardashian was still the most searched person, just in case you were. >>> and president obama and former president clinton were part of a golfing foursome sunday but no cameras were allowed. these pictures are from when they played last year. it's believed to be the president's third time hitting the links since the election. >>> finally, birther tate tried...
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i think we still need to get through the election or the post election haze. i would say that -- to everybody, listen, we're no longer running for office here. this is about getting back down to brass tacks and figuring out how to solve it. >> which side is not campaigning anymore? >> you've got to listen to who's not talking. i think that's -- in washington, it's always who's not talking. >> we haven't really heard much from senate leadership. >> so that's where our deal gets carved out? >> well, when you start to hear some things from the senate leadership, then you'll know we're getting close to getting something done. and right now they're sending out minions and talking about things that i think are really, you know, staking out claims so they can say they've done that for their constituencies. but it's time right now for the moderates on both sides to step up. for those that are not necessarily at risk of losing elections in the near term to step up and say, listen, just like the leaders said earlier in the program. this is a math problem. it's really no
i think we still need to get through the election or the post election haze. i would say that -- to everybody, listen, we're no longer running for office here. this is about getting back down to brass tacks and figuring out how to solve it. >> which side is not campaigning anymore? >> you've got to listen to who's not talking. i think that's -- in washington, it's always who's not talking. >> we haven't really heard much from senate leadership. >> so that's where our...
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but blacks -- let's see. 95% of african-americans voted for president obama in this last election. what do you make of that? what does that tell you? >> well, the first thing we have to start looking at is what it's going to take for us to get the respect of both parties, and that comes down to us being a people that are principled over anything else. we have 95% of any race that would vote for a person or party, it kind of helps them to be taken for granted. at this point, what does the democratic party have to do to win our vote? actually, just be around. so it's time for us as a people to start putting our principles first. i think we should be ashamed of ourselves in certain areas, those who decided that the education is so important to them, they have a passion for it. why would you vote for a person who decides the union is much more important for them. >> in other words, school choice. i'm going to read from the notes. you tell me if i'm wrong. but this is tough stuff. you say in your notes, obama is the most aggressive anti-black policymaker in modern history. that's tough
but blacks -- let's see. 95% of african-americans voted for president obama in this last election. what do you make of that? what does that tell you? >> well, the first thing we have to start looking at is what it's going to take for us to get the respect of both parties, and that comes down to us being a people that are principled over anything else. we have 95% of any race that would vote for a person or party, it kind of helps them to be taken for granted. at this point, what does the...
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tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would extend the so-called bush era tax cuts for people earning less than $250,000. it requires 218 signatures. that means you've got to get some republicans to sign on. do you have any indication that any people will break from speaker boehner and sign your petition? >> i think so. i know one for example, my friend walter jones down in north carolina, said that he's open to it. i think i need 41 people now. we've got 177. i need 41 people to come forward and i think what's really interesting about this is, republicans aren't violating any pledge on this. they are assuring taxes don't go up. i see no reason why we can
tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would...
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it was the day after the election. we saw the dow drop 300 points and suddenly everyone woke up and said we have to face this cliff and the question is, can they really address these issues in the next 24 days with the president heading for vacation and congress about to go home? it doesn't feel good. >> no. in terms we're waiting to find out if we're going to go over the cliff, but we're already seeing the effects of it, aren't we? a lot of americans without jobs and just the fear of going over the cliff is affecting it because it's affecting hiring. >> without a doubt. you wonder if it's affecting big business or small business. corporate ceos are simply sitting on their hands. you are seeing u.s. corporations with more money on their balance sheet than they had in years. the fact that they're facing more health care costs to pay out to their employees and they don't know what the tax climate is going to look for them. they're not growing their business and they're not creating innovation. it improves what they're do
it was the day after the election. we saw the dow drop 300 points and suddenly everyone woke up and said we have to face this cliff and the question is, can they really address these issues in the next 24 days with the president heading for vacation and congress about to go home? it doesn't feel good. >> no. in terms we're waiting to find out if we're going to go over the cliff, but we're already seeing the effects of it, aren't we? a lot of americans without jobs and just the fear of...
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romney are having a hard time adjusting to losing the election. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh less than 110 pounds may experience more side effects. people at risk for stomach ulcers who take certain other medicines should talk to their doctor because serious stomach problems such as bleeding may worsen. patients may experience slow heart rate. thirty days of exelon patch free for your loved one. access to trained nurses for you. call 1-855-999-1399 or visit exelonpatchoffer2.com. call 1-855-999-1399 if we want to improve our schools... ... what should we invest in? maybe new buildings? what about up
romney are having a hard time adjusting to losing the election. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may...
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Dec 7, 2012
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he is hereto elected nor has he ever run for office so why is washington so scared of him? >> it's also politically smart to cut the knees out from under grover norquist. this guy, who is he? >> one dangerous man, cut the knees out from under him? because he gave candidates an opportunity to sign a tax pledge. they signed it. >> two quick points. number one, a person who stands in the way of a victory by the left is a dangerous man by definition. number two, i love cokie roberts saying he's an unelected lobbyist. what is she? she is doing the exact same thing he is doing but she's doing from her perch at abc news. how dare she's pom puts, arrogant couragists say these people are unelected people. folks, so are you. >> good point. all right. let's go to pbs, paul crugman. he has the power grab to take away the constitutional authority from congress. they have the the ability to spend money. he wants to give the president a blank check. watch this. >> the president has also proposed something that john boehner calls silliness, or geithner did, which is taking the idea of debt
he is hereto elected nor has he ever run for office so why is washington so scared of him? >> it's also politically smart to cut the knees out from under grover norquist. this guy, who is he? >> one dangerous man, cut the knees out from under him? because he gave candidates an opportunity to sign a tax pledge. they signed it. >> two quick points. number one, a person who stands in the way of a victory by the left is a dangerous man by definition. number two, i love cokie...
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they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation. i did want to remind john that he should look at the young, newer members that are so difficult to persuade to make an easy deal compromise. and remember, it wasn't too many years ago, john, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our
they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation....
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Dec 9, 2012
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there was an election on these issues. there was an election on rates. the president was clear on raising the rate and he won. democrats expanded in the senate. it's not like this is a new debate. >> we talk about how the business community was at odds with the campaign. in terms of preventing a debt ceiling showdown, it may be his ally. >> a former health care adviser to the romney campaign, david k. johnston and joan walsh thanks for joining us. >> understanding the tragedy might be impossible. why dry? after this. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. sxz fi
there was an election on these issues. there was an election on rates. the president was clear on raising the rate and he won. democrats expanded in the senate. it's not like this is a new debate. >> we talk about how the business community was at odds with the campaign. in terms of preventing a debt ceiling showdown, it may be his ally. >> a former health care adviser to the romney campaign, david k. johnston and joan walsh thanks for joining us. >> understanding the tragedy...
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Dec 4, 2012
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let's solve this. >>> in the spotlight tonight, the aftermath of election 2012. today when the president of the united states was getting briefed by the cia on every known threat in the world, then meeting with the prime minister, then delivering a speech on arms control at the national defense, mitt romney was rejoining the board of marriott international, a hotel chain that is much better managed than mitt romney's presidential campaign. in an article that should have been titled "mitt romney is human after all," "the washington post" reports today that, quote, romney's rapid retreat into seclusion has been marked by repressed emotions, second guessing and perhaps the first time in the overachiever's adult life, sustained boredom. the romney model of don't stop running after your first attempts to get the republican nomination may now be being followed by teas governor rick perry, who, according to politico, has been meeting with donors and is leaving the impression that he is ready to run again. politico has said that governors jindal of louisiana, kasich of o
let's solve this. >>> in the spotlight tonight, the aftermath of election 2012. today when the president of the united states was getting briefed by the cia on every known threat in the world, then meeting with the prime minister, then delivering a speech on arms control at the national defense, mitt romney was rejoining the board of marriott international, a hotel chain that is much better managed than mitt romney's presidential campaign. in an article that should have been titled...
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Dec 6, 2012
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that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a lot of republicans who might prefer a different leader don't feel they have the luxury of that right now. in fact, even congressman kantor and others, who boehner didn't think he could count on the last time around, are being supportive. republicans are trying to calculate how much they have to give in now and is there a way to fall back with the idea of being able to move ahead in a more aggressive way next year. that's why you saw the president in a very preemptive way trying to rule out the idea of tying talks to next february to raising the debt ceiling. >> alan simpson, the co-chair of the president's deficit commission, was on the "today" show this morning and he said all this talk about either side being able to go off the cliff is ridiculous. let me play that for you. >> when you have leaders of parties and people from
that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a lot of republicans who might prefer a different leader don't feel they have the luxury of that right now. in fact, even congressman kantor and others, who boehner didn't think he could count on the last time around, are...
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Dec 4, 2012
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the election results are pretty consistent. the american public is ready for a modest increase in taxes for the upper 2% of taxpayers. having said that, there's another issue that's coming up in february or march and that's raising the debt ceiling once again. the republicans have a lot of leverage on that right now because the white house, the administration will desperately want to raise that debt ceiling so the u.s. doesn't go into default. that could undermine u.s. creditworthiness, u.s. interest rates, all that kind of stuff, and the republicans will have some serious leverage there down the road. both sides have leverage. my bottom line in the short run, the democrats have some more. >> so it sounds and before we even get to that very valuable piece of leverage, the debt ceiling discussions, it's odd that it would seem as though the democrats would benefit from heading over the fiscal cliff because then it's the marketing message of who was to blame for it. all the while though, wolf, there are all those calamitous cuts t
the election results are pretty consistent. the american public is ready for a modest increase in taxes for the upper 2% of taxpayers. having said that, there's another issue that's coming up in february or march and that's raising the debt ceiling once again. the republicans have a lot of leverage on that right now because the white house, the administration will desperately want to raise that debt ceiling so the u.s. doesn't go into default. that could undermine u.s. creditworthiness, u.s....
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you cannot have what i offered you before the election. what election? that's how the republican house speaker is playing the game this week. maybe in the world of the beltway and the sunday morning talk shows, maybe that makes sense. in the real world, here's what happened. here's the bigger picture. our economy broke very, very badly. not long ago on a historic scale. now in the real world, we are having these tiny little glimmers of recovery of economic growth. the first blue bar, that's when the stimulus bill went into effect. the stimulus kicks in and the economy starts to grow after having fallen off a cliff. that's the real cliff. just the other day, we learned our latest glimmer of growth was bigger than we had thought it was, which was awesome. the bad news, though, is that we are in danger of falling back. we are in real danger. the deficit is not the biggest problem in the country. the deficit is shrinking by hundreds of millions of dollars every year the president has been in office. to the extent we need to use debt to accomplish other goals
you cannot have what i offered you before the election. what election? that's how the republican house speaker is playing the game this week. maybe in the world of the beltway and the sunday morning talk shows, maybe that makes sense. in the real world, here's what happened. here's the bigger picture. our economy broke very, very badly. not long ago on a historic scale. now in the real world, we are having these tiny little glimmers of recovery of economic growth. the first blue bar, that's...
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and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236 house republicans vowed never to raise taxes. 40 gop senators also kept that pledge. even president george w. bush, the man who got us into two wars we didn't pay for. the president who exploded our deficit. he insisted the solution to our problems were more tax cuts. president clinton handed him a $236 billion surplus. a surplus. and left office with a $1.2 trillion deficit. but he just had to keep those tax cuts coming, but something remarkable may be happening in our politics. we're on the verge of something big. after decades of silliness, this lock-step republican fantasy that has hurt our country, president obama is close to breaking the gop tax unity. >> unfortunately, the speaker's proposal right now is s
and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236 house republicans vowed never to raise taxes. 40 gop senators also kept that pledge. even president george w. bush, the man who got us into two wars we didn't pay for. the president who...
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Dec 2, 2012
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the president was elected by all of the people in the country. we have 535 members of congress who were elected from all over the country. >> i think a lot of folks think he is now governing in -- or at least putting proposals out there like 100% of the vote -- >> let's remember how this started. congress created this so-called cliff. they decided there would be a date certain where everything would unravel. it wasn't the president that did it, and now he has laid something on the table. it's time for congress to act. to say that their feelings are hurt, you know, put on the big boy pants for girls and boys and let's get this job done. >> you know, there's been a lot of talk around this town about the movie "lincoln." in that movie lincoln in the service of a big idea expended enormous political personal capital and negotiated a deal. what we have here is a president in the service of a small idea, taxing the wealthy, who has put forward no personal political capital to actually get a deal done with these guys. you have senator warner on earlier
the president was elected by all of the people in the country. we have 535 members of congress who were elected from all over the country. >> i think a lot of folks think he is now governing in -- or at least putting proposals out there like 100% of the vote -- >> let's remember how this started. congress created this so-called cliff. they decided there would be a date certain where everything would unravel. it wasn't the president that did it, and now he has laid something on the...
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it would coincide with south korea's presidential elections. take a look at the latest satellite photo of the launch site. south korean news agencies reporting the first stage of the rocket has been put in place. martha: we've been watching the aerial videos over the course of the last week to see changes and movement in them. greg palkot joins me live from london. greg, what do we know about this? >> reporter: north korea confirming over the weekend what we told you about on friday it is set to lawn of another rocket in the coming days. according to south korean military sources now that the first stage is set up northwest of pongyang another two stages could be assembled and fueling taken care of in three to four days for a launch window ready to set up on december 10th. north korea says it is for peaceful purposes. they want to put up a satellite. they worry it could be a the launch of missile with a long range payload. they tried this in april. we were there. they failed. the path. rocket this time is supposed to be about the same. it will
it would coincide with south korea's presidential elections. take a look at the latest satellite photo of the launch site. south korean news agencies reporting the first stage of the rocket has been put in place. martha: we've been watching the aerial videos over the course of the last week to see changes and movement in them. greg palkot joins me live from london. greg, what do we know about this? >> reporter: north korea confirming over the weekend what we told you about on friday it is...
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republicans who were elected won those elections running on limited government and less taxes. they shouldn't give in to that because the principle is wrong and the president doesn't even have a serious plan. his idea of raising taxes will run our country for a few days and all it is is a political trophy to the left. we need to do what's good for america despite what he's been able to sell the media, but taxing the rich is not going to help the middle class. >> brian: not going to help the economy and i think senator demint has to be somewhat frustrated because he knows the president is getting his message out effectively. he's effective in making the republicans seem like they're the party of the rich and wants to cut your health care, even though the policies are correct, because you're looking at entitlements which are unsustainable and that raising taxes on the rich will overall hurt the economy. the messaging is not there. i think senator demint feels as though he could get the messaging down better with a powerful group like the heritage foundation as opposed to a single
republicans who were elected won those elections running on limited government and less taxes. they shouldn't give in to that because the principle is wrong and the president doesn't even have a serious plan. his idea of raising taxes will run our country for a few days and all it is is a political trophy to the left. we need to do what's good for america despite what he's been able to sell the media, but taxing the rich is not going to help the middle class. >> brian: not going to help...
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despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe with that ad saying jeep was shipping american jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. >> i think companies might be okay with that -- [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called?
despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe...
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Dec 4, 2012
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at the lowest level since president obama was re-elected. just now under that $1,700 mark. what's behind the sell-off and is this a buying opportunity? let's start talking futures now. let's start with you, you and rich have been bitten by the gold bug. are you ready to throw in the towel here? >> jackie, i'm not ready yet. usually when you see a day the dollar is as weak as it is, gold is higher. what's happening today is you're seeing a lot of profit taking on gold. it's not profit taking because we're up 9% on the year. traders are worried that some deal with the fiscal cliff will call for higher capital-gains taxes so traders are getting out of their gold positions before that might take effect. >> so profit taking, meantime, rich, what is dipping below the $1,700 mark mean? is that really the right level to be watching? >> well, we gave you the level $ $ $1,706. you're looking at $1,672. every trader will tell you it is a big level here, a close below that and there's more pain. in fact, let's watch today's close, in one hour, if we close below $1,700 i think there's m
at the lowest level since president obama was re-elected. just now under that $1,700 mark. what's behind the sell-off and is this a buying opportunity? let's start talking futures now. let's start with you, you and rich have been bitten by the gold bug. are you ready to throw in the towel here? >> jackie, i'm not ready yet. usually when you see a day the dollar is as weak as it is, gold is higher. what's happening today is you're seeing a lot of profit taking on gold. it's not profit...
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of course, if you look at a lot of the polling surrounding the election and post election exit polling show that, in fact, president obama was elected primarily because people felt that he was compassionate, that he cares about them. and that's an important quality. but, in fact, they endorsed the fiscal approach that governor romney suggested, which was that we need to grow. we need to have a tax policy that makes sense. we need to tackle -- >> polling also shows that people think the richest americans should pay more taxes. clearly. there's no doubt at all on that. so let's go back to secretary gutierrez. what is the -- what is the give? what are republicans putting on the table in terms of specifics? because the democrats charge republicans haven't really -- you know, that they've laid out something. maybe the republicans hate it. but now republicans have to lay out something. what are republicans specifically willing to cut? >> i think that speaker boehner went a long way by saying we are going to put revenues on the table. and, soledad, the obama administration very cleverly has m
of course, if you look at a lot of the polling surrounding the election and post election exit polling show that, in fact, president obama was elected primarily because people felt that he was compassionate, that he cares about them. and that's an important quality. but, in fact, they endorsed the fiscal approach that governor romney suggested, which was that we need to grow. we need to have a tax policy that makes sense. we need to tackle -- >> polling also shows that people think the...
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. >> after my election, i have more flexibility. >> i understand. i just need permission -- lou: a full report on the disturbing turn of events in syria and the likely price of russian cooperation on syria. another middle east dictator, egyptian leader, morsi, with a concession to the opponents inviting them to hold talks on the crisis. is that enough to appease protesters who plan larger demonstrations tomorrow? we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaign trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down with a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's ultimatum driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the
. >> after my election, i have more flexibility. >> i understand. i just need permission -- lou: a full report on the disturbing turn of events in syria and the likely price of russian cooperation on syria. another middle east dictator, egyptian leader, morsi, with a concession to the opponents inviting them to hold talks on the crisis. is that enough to appease protesters who plan larger demonstrations tomorrow? we'll be talking with fox news middle east expert while ferris in...
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the elections accident a clear message. they said meet the new boss instesame as the old boss. same president, same senate, same house. we truly made have will sunk the titanic. we may have put too much hope in human beings could have solved problems in many cases not nearly as booed good at it. you at least balance your checkbook at home and you pay your bills and you show up for work. washington hasn't balanced it's checkbook. it has to borrow money from the chinese to pay its bills. barely shows any real work or progress on our behalf. maybe they just aren't listening to us any more. it occurred to me if they won't listen to us i wonder if they will listen to a stronger voice. i wonder if they will listen to god? walls of water party, or signs and watonders. sometimes you speak them in a still small voice. since the leaders from either party don't seem to listen to us wonder what would happen if we asked god to speak to them so maybe they would listen to him. it may be a good day for somebody to have more of a million voice march on capitol hill. what if millions of american
the elections accident a clear message. they said meet the new boss instesame as the old boss. same president, same senate, same house. we truly made have will sunk the titanic. we may have put too much hope in human beings could have solved problems in many cases not nearly as booed good at it. you at least balance your checkbook at home and you pay your bills and you show up for work. washington hasn't balanced it's checkbook. it has to borrow money from the chinese to pay its bills. barely...
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david: if, we're a month after the election. there are patterns after the election. are we fitting that pattern this year? >> yeah. the election year was up which is a sign of incumbent winning. we had a weak november after incumbent win. very typical. remains to seen if december fall follows that pattern. i think we're --. >> what about the year after an election? >> as i said before that is the worst of the four-year cycle. however a little better for democrats. they tend to spend more time debating and getting their policy initiatives together where republicans are more conservative in ideology. come out a little quicker. post-election years up five, down one for republicans since world war ii. i mean for democrats, excuse me. >> jeff hirsch, stock traders almanac, editor-in-chief. david: has commodity traders almanac. you have it all covered. >> thank you. liz: who is the most overpaid actor according to the forbes when looking at box-office returns versus the big bucks they're paid? is it brad pitt? is it eddie murphy or is it adam sandler? we have the answer co
david: if, we're a month after the election. there are patterns after the election. are we fitting that pattern this year? >> yeah. the election year was up which is a sign of incumbent winning. we had a weak november after incumbent win. very typical. remains to seen if december fall follows that pattern. i think we're --. >> what about the year after an election? >> as i said before that is the worst of the four-year cycle. however a little better for democrats. they tend to...